Business Tianjin Magazine - Business English Magazine in China

40%In a cryptocurrency-related survey by PANews among 4,200 Chinese respondents, 40% of them are willing to invest in crypto in the future. About 22.2 % of the respondents were well aware of the concept of blockchain-powered tokens.

79%For 2019, about 79% of China advertisers intends to increase their digital marketing spending by an average of 20%, higher by 2% in 2019. Majority of the advertisers will focus on mobile advertising on social media platforms and video platforms.

2.5 MillionThe number of live births nationwide in 2018 fell by 2.5 million year-on-year, contrary to a predicted increase of 790,000 births, according to analysis by US-based academic Yi Fuxian. The downward trend is caused by a decrease in the number of women of childbearing age and reluctance of couples to have children due to rising education, health and housing costs.

2.9 MillionA total of 2.9 million Chinese students took the 2019 entrance exam for postgraduate studies, the highest number in the past 40 years. Nearly half of those taking the exams finished their undergraduate degree, while the other half are expected to graduate in 2019.

12.01%China becomes the second largest financial contributor to the United Nation’s regular budget, with a 12.01% increase for the 2019 to 2021 period.

¥ 76 BillionChina is Ireland’s third largest destination market for agri-food exports, with estimated ¥ 76 Billion worth of exports in 2017. By the end of 2018, Irish beef exports were at 260 tonnes or ¥ 3.3 Million. An average Chinese now consumes 4kg of beef per person per year.

35,246 metersAccording to the Council on Tall Buldings and Urban Habitat, China recorded the highest number of skyscapers completed in 2018, with 143 buildings constructed that are at 200 meters or 660 feet. Total height of those buildings are measured at 35,246 meters.

10 MillionAn experimental tower built in Xian in Shaanxi province has managed to produce more than 10 Million cubic meters of clean air a day, since its launch, reducting the smog close to moderate levels over an area of more than three square miles in the past few months.

1,100 kilovoltsThe State Grid Corp. of China has started constructing world’s longest and most powerful ultra-high voltage power line stretching 3,293 kilometers (2,046 miles) from Changji to Guquan. Referred to as the Power Silk Road, it aims to transmit 12 gigawatts of power, and supply 66 billion kilowatt hours of electricity to Eastern China, meeting the power demand of 50 Million households and coal use reduction by 30.24 Million tons.